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Breaking: Celsius Paid Off Maker Loan, Moves Funds In Single Wallet

source-logo  coingape.com 07 July 2022 11:11, UTC

Crypto lender Celsius has paid off its Maker loan completely. Celsius has paid the 41.23 million DAI debt and withdrawn 21,962.63 wBTC collateral worth $450 million. Interestingly, most of the funds are now in a single wallet, which some think is a pre-bankruptcy consolidation of funds. However, some see it as an opportunity for CEL token short squeeze.

coingape.com